U.S. Bond Sell-Off is Another Worrisome Echo of the Liz Truss Fiasco
Yields on U.S. Treasuries rose Wednesday as investors sold government bonds, usually a haven. In Britain, a sustained version of that trend in 2022 led to a prime minister’s downfall.
Live Updates: Markets Slide Further as U.S. Imposes Punishing Tariffs
President Trump’s latest moves included a 104 percent tariff on Chinese goods. Stocks and bonds slumped as Beijing hit back with its own levies and European leaders prepared retaliation measures.
Islamic State Regains Strength in Syria
The U.S. has sent more forces to Syria, tamping down on the immediate threat, but experts warn that the extremist group could break thousands of hardened fighters out of prison.
India’s Drug Makers Shudder as Trump Again Threatens Tariffs
The United States is India’s biggest market for pharmaceutical exports, which are its most successful industrial exports.
China Censors Hashtags Mentioning ‘104%,’ the Size of Trump’s Tariffs
State media drove social media discussions around phrases like: “America is fighting a trade war while begging for eggs.”
Reeling From Trump’s Tariffs, South Korea Tries Striking a Delicate Balance
As its trade negotiators headed to Washington for talks, South Korea announced measures to support the country’s carmakers who were badly hit by the levies announced by President Trump.
Dozens Die in Floods Hitting Congo’s Capital
While the Democratic Republic of Congo reels from a new rebel offensive in the east, its capital in the west, Kinshasa, grapples with deadly floods.
Pilots Discussed Alternate Ways to Land Before Deadly Jeju Air Crash
The pilots’ conversation with air traffic controllers, revealed in a partial transcript, could offer clues to what caused the disaster in South Korea, which killed 179 people.
Another Rocky Day in Markets: Stocks in Asia Resume Their Slide
With the S&P 500 nearing a bear market, shares in Asia decline as China and other major U.S. trading partners await the start of significantly higher tariffs.
Trump Signs Executive Orders Aimed at Reviving U.S. Coal Industry
The moves include loosening environmental rules, but it is unclear how much they can help reverse the sharp decline in coal power over the last two decades.